This website requires Javascript to function correctly

See All | Contract
test-interior
banner shadow
banner tagline inside

Mortgage,Home Equity/Improvement Loans

TODAY'S RATES FOR HOME PURCHASE, HOME EQUITY AND HOME IMPROVEMENT LOANS
Rates Are Subject To Change. Rates last updated on April 24, 2017. - Please contact Smart Financial Credit Union

Mortgage,Home Equity/Improvement Loans

Mortgage Rates
Effective Date: 02/01/2019
Mortgage TermInterest RateAPRPoints
5/1 ARM (Jumbo)* 3.875% 4.862% 0.00%
7/1 ARM (Jumbo)** 4.125% 4.796% 0.00%
10/1 ARM (Jumbo)*** 4.25% 4.710% 0.00%
30-yr Fixed (Jumbo) 4.75% 4.794% 0.00%
15-yr Fixed (Jumbo) 4.25% 4.322% 0.00%
20-yr HE FX 1st 4.875% 4.951% 0.00%
15-yr HE FX 1st (Other) 4.50% 4.593% 0.00%
10-yr HE FX 1st (Other) 4.25% 4.380% 0.00%
5-yr HE FX 1st (Other) 3.75% 3.814% 0.00%
15-yr HE FX 2nd (Other) 5.50% 5.602% 0.00%
10-yr HE FX 2nd (Other) 5.25% 5.392% 0.00%
5-yr HE FX 2nd (Other) 4.75% 5.009% 0.00%
5/1/15 PM2 ARM (Other)**** 6.990% 7.678% 0.00%
5/1/15 HI ARM (Other)***** 4.49% 5.923% 0.00%
15-yr HI FX (Other) 6.50% 6.785% 0.00%
10-yr HI FX (Other) 6.25% 6.647% 0.00%
5-yr HI FX (Other) 5.75% 6.482% 0.00%
*Interest rate is fixed for the 1st 5 years, rate can change on the 61st month and every 12 months thereafter. The rate is based on the 1 Year CMT index plus 2.75% margin. The rate cannot increase or decrease more than 2% at the first adjustment and 2% per subsequent adjustments. The rate will never be greater than 5% over the initial start rate or any lower than the initial start rate.
 
**Interest rate is fixed for the 1st 7 years, rate can change on the 85th month and every 12 months thereafter. The rate is based on the 1 Year CMT index plus 2.75% margin. The rate cannot increase or decrease more than 5% at the first adjustment and 2% per subsequent adjustments. The rate will never be greater than 5% over the initial start rate or any lower than the initial start rate.
 
*** Interest rate is fixed for the 1st 10 years, rate can change on the 121st month and every 12 months thereafter. The rate is based on the 1 Year CMT index plus 2.75% margin. The rate cannot increase or decrease more than 5% at the first adjustment and 2% per subsequent adjustments. The rate will never be greater than 5% over the initial start rate or any lower than the natural start rate.
 
****Purchase Money 2nd Lien Loans = Interest rate is fixed for the 1st 5 years, rate can change on the 61 month and every 12 months thereafter. The rate is based on the Prime index plus 2.50% margin. The rate cannot increase or decrease more than 2% at the first adjustment and 2% per subsequent adjustments. The rate will never be greater than 5% of the initial start rate or any lower than the natural start rate.
 
*****Home Improvement Loans = Interest rate is fixed for the 1st 5 years, rate can change on the 61 month and every 12 months thereafter.  The rate is based on the Prime index plus 2% margin.  The rate cannot increase or decrease more than 5% at the first adjustment and 5% per subsequent adjustments.   The rate will never be greater than 5% of the initial start rate or any lower than the initial start rate.
 
Rates are subject to change without notice.  Rates last updated on 1/2/2019.

*All rates are dependent on credit worthiness and loan term. Your rate will be determined once your application has been processed and approved. Rates are subject to change without notice.